Bizum, now it's a lot more

Bizum is a fast and safe instant payment service for sending and receiving money that lets you transfer money from your account to another person's account without needing to know their account number. Simply enter their cell phone number and they will receive the money in their checking account instantly and completely free of charge. This service is built into your bank's app. It's as easy as sending a text message. Simply enter the cell phone number of the recipient and that's it.

All you need is an open bank account with the bank and an active telephone number.

Sign up for Bizum from your BBVA app:

• Open your app, select Bizum, and choose the account you want to link the service to.
• Accept the Terms and Conditions.
• Sign the operation through biometrics or SMS code and click finish.

If you have Bizum in another bank:

• Access your BBVA app and go to Bizum.
• Ask for registration, and our app will recognize that you've already linked it to another entity. We'll then send you an SMS code to complete the portability process.
• Sign by entering the SMS portability code and click finish.

After registration:

• In the BBVA app, go to Bizum, and choose the phone number or contact you want to send the money to.
• Choose the amount, sign your transaction and send the bizum.
• If the recipient has Bizum, the money will arrive within 10 seconds. If not, they will get a message to register and receive the funds.

If you are the Bizum issuer

• Limits per operation: there is a minimum of €0.50 and a maximum amount of €1,000 in a single transaction.
• Time limit: you can send up to €2,000 per day through Bizum, with a monthly limit of €5,000 in total.

If you are the Bizum recipient

• The limits per transaction are the same as when sending: a minimum of €0.50 and a maximum amount of €1,000 in a single transaction.
• Time limit: you can receive a maximum Bizum amount of €2,000 per day.
• Limit per number of transactions: You can receive a maximum of 60 bizums per month.
  

If you are buying or making refunds online

• There is a minimum of €0.01, and you can make purchases or returns up to €3,000 per day and a total of €5,000 per month.
  

If you make a donation

• Limits per operation: you can make a minimum donation of €0.50 and a maximum amount of €1,000 in a single transaction.
• Time limit: you can make a maximum donation of €2,000 per day and a maximum total of €5,000 per month.
  

At Loterías y Apuestas del Estado

• Limits per transaction on purchases: there is a minimum of €0.01
• Time limits on purchases: the maximum amount of daily payments is €3,000 per day and €5,000 per month
• Limits per operation in payments collected: there is a minimum of €0.50 and a maximum amount of €2,000 in a single transaction.
• Time limit on payments charged: a maximum amount of €40,000 in one day and a total of €40,000 over an entire month.